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The following information relates to Questions 1 to 2. XYZ Ltd makes Bluetooth sound bar systems. XYZ is budgeting for a new product line. The

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The following information relates to Questions 1 to 2. XYZ Ltd makes Bluetooth sound bar systems. XYZ is budgeting for a new product line. The new product line is estimated to have a life cycle of 3 years. The estimated costs associated with the development, production and sale of the new product are as follows: $ Conceptualisation of product 1, 550 Distribution & customer support 1,560 Design product specifications 2,020 Manufacturing overhead costs 3,490 Manufacturing process design 2,380 Prime costs 3,680 Product planning 1,850 Warranty claims 1, 290 Question 1 Calculate total pre-production costs. $ 0 Question 2 Calculate total production and post-production costs. $ 0

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